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Sen. Ron Wyden Is Set to Get a Wider Platform

Expected Next Finance Chairman Is Likely to Take Aim at Corporate Taxes, Medicare Costs

By

John D. McKinnon

Updated Jan. 12, 2014 7:54 p.m. ET

WASHINGTON—When Democratic Sen. Ron Wyden sought to co-author an ambitious tax overhaul with a GOP colleague a few years ago, the two men kept hitting roadblocks as they drafted the bill.

But Mr. Wyden kept coming back to his Republican counterpart, Sen. Judd Gregg of New Hampshire, on the Senate floor, Mr. Gregg said, offering new ideas and insisting they could reach an agreement on a bill. Finally, after two years, they did so,...